UK has become the first European country to regulate as well as legalize online gambling in the year 2005 with the “The Gambling Act of 2005. “ While Canada and United States were fighting back with the changes that have come with online gambling, UK has welcomed online gambling with open arms.
The act made several interesting changes to gambling rules and laws in the country. UK based operators have been given an opportunity to apply for the licenses with this law.
From now onwards there will be few changes in the laws of online casino players. Operators who are offering online gambling games in UK market have to get a license to continue to offer their services. Gambling commission of UK government, London will be administering the licensing process and it will come into effect in either 2013 or in from the starting of January 2014.
The idea behind these changes is to change the focus of licensing on the location of the operators. ‘Whitelist ‘is the jurisdiction created by United Kingdom government and it is planning to encourage large number 4of operators to come back to UK.
Operators who will be setting up base in UK will be treated more compassionately and will be given several sops such as fewer taxes and so. Taxation on licensees will be announced soon.